If you were to buy a house locally at the current median price of $525,000 and had 10% deposit, then you would need a mortgage for $472,500. This is an average sized mortgage compared to state.
FRANKSTON, 3199 is number 11th in a list of the country’s fastest growing suburbs, and number 7th in State. It has had an average population growth of 110.60 over the period between the last two national censuses.
Mortgage brokers in FRANKSTON, 3199 have seen that the median mortgage loan repayment has decreased slightly between the last two census periods, changing from $1,083 to $1,495.
On a national list of suburbs ranked by median mortgage repayments, FRANKSTON would be 4066th.